11 Best Buy-the-Dip Stocks to Buy According to Analysts

7. Morningstar, Inc. (NASDAQ:MORN)

Stock 52-Week Range: $230.09 – $365

Share Price: $234.12

Stock Upside Potential: 40.08%

Number for Hedge Fund Holders: 44

Morningstar Inc. (NASDAQ:MORN) is one of the best buy-the-dip stocks to buy, according to analysts. On September 23, the company agreed to acquire the Center for Research in Security Prices from the University of Chicago for $375 million.

The acquisition is expected to strengthen the company’s position in the market by making it one of the largest index providers for public US equity index funds. With the acquisition, the company gains access to a premier provider of historical stock market data and indexes. CRSP generates approximately $55 million in annual revenues.

“By bringing CRSP’s trusted data validation processes and robust indexing methodologies into our fold, we’re reinforcing our commitment to offering high-quality, data-driven tools that empower investors to make smarter decisions,” said Kunal Kapoor, chief executive officer of Morningstar. “We know that assets tied to indexes play a critical role for asset owners when choosing providers and this acquisition allows us to expand our capabilities to these clients.”

Morningstar Inc. (NASDAQ:MORN) is a global investment research and services firm that provides data, research, analytics, and software to individual investors, financial advisors, asset managers, and retirement plan providers. The company’s primary goal is to empower investors to make well-informed investment decisions by offering insights on a wide range of investment products, public and private markets, and debt securities.